745 Newton RdScrantonPA18504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Scranton at 745 Newton Rd, Scranton, PA, 18504 at $199,500 posts ROI 26.1% with $341/mo cash flow from $1,648/mo rent. Total monthly income equals $1,648/mo, and annual cash flow records $4,094/yr on $66,134 to close. Return on cash invested measures 26.1% and rental yield reads 9.91% at the current $199,500. Equity gained on principal adds $1,287/yr, and 5% annual appreciation supports $55,118 by year five. Five-year ROI prints 136.57% and total cumulative return in cash totals $90,319.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,648/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18504, Scranton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,260 (100%) |
| Owner Occupied HU | 4,767 (46.5%) |
| Renter Occupied HU | 4,024 (39.2%) |
| Vacant Housing Units | 1,469 (14.3%) |
| Median Home Value | $168,363 |
| Average Home Value | $227,392 |
Housing Distribution
Address Breakdown
Residential
8,912
Single Family
8,692
Multi-Family
220
Businesses
463
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Nearby investment properties with comparable prices
Listed by: Paul Joseph Mackrell • C21 Jack Ruddy Real Estate
Mls Name: GSBR
Mls ID: #SC253763